Business Hilights

Tracking Nigeria's Headline Business News Online

Month: December 2019

Shell, Imo gov renew commitments to SPDC’s gas project

The Imo State Government has once again reassured the management of Shell Petroleum Development Company (SPDC) and Seplat Petroleum on its determination to drive seamless delivery of the ongoing multibillion-dollar Assa North/Ohaji South Gas development project. The combined volume translates…

Non-indigenes mull relocation as Kano bans opposite sexes on same tricycle

Sharia law is about to take serious tolls on business activities in the ancient state of Kano following the recent ban placed by the Kano State Government on persons of opposite genders from boarding same commercial tricycles across the state….

FRSC reviews phase one of Christmas Patrol, urges obedience to traffic rules

Following the successful celebration of Christmas across the federation which marks the end of the first phase of the 2019 special end of year patrol ends, the Corps Marshal of the Federal Road Safety Corps (FRSC), Dr Boboye Oyeyemi has…

Benin, Niger, Chad yet to meet conditions for reopening of border—FG

Less than one week to the end of the year, strong indications have emerged revealing that three key neighbouring countries to Nigeria including Benin Republic, Niger and Chad are yet to meet key conditions given by the Federal Government for…

‘That short interview between Dasuki and VOA reveals a lot’

Less than 48 hours after uniting with family members in Sokoto from four years of incarceration, released former National Security Adviser, Col Sambo Dasuki (rtd) had a terse telephone interview with Voice of America (VOA). Hereunder are excerpts: VoA: How…

AMCON: Costliest hotel in Lagos, Intercontinental now property of 11 Plc

Following completion of payment and official documentation, 11 Plc, formerly known as Mobil Oil Nigeria Plc, has finalised discussions with the Asset Management Company of Nigeria (AMCON) to acquire the Lagos Continental Hotel. A statement filed at the Nigerian Stock…

More millionaires emerge in Fidelity Bank’s GIAM 4 Promo in Lagos

Latest draws on the ongoing Fidelity Bank’s Get Alert In Million (GAIM) Savers Promo in parts of Lagos after Abuja episodes have swelled the number of customers made millionaires.

NCC Danbatta U
ICT

10 new VAS licensees to up innovation, local content, jobs—NCC

The management of the Nigerian Communications Commission (NCC), has assured that apart from raising activities in the Value Added Service (VAS) space in Nigeria, the newly licensed VAS aggregator licencees will improve innovation, local content, employment opportunities, and increase in…

2020 year of gas revolution, says Minister

The Honourable Minister of State for Petroleum Resources, Chief Timipre Sylva has declared 2020 as the year of Gas for the Nation. He made this known when he received the Executive Management of the Nigeria Liquefied Petroleum Gas Association (NLPGA)…

Emerging good port access roads to up business at ports in 2020—Sifax group

Strong indications have emerged suggesting that with the early completion of ongoing construction activities along the Apapa ports access roads, businesses at the ports especially terminal operators will rise exponentially from next year. Before now, stakeholders in Nigerian maritime industry…